Eaton Bray's Threshers store will soon be forced to close its doors, with the loss of eight jobs. The....
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Eight jobs axed at village off-licence

Posted on December 7, 2009

This article was published in December 2009. Please see Latest News for more recent information.

Eaton Bray's Threshers store will soon be forced to close its doors, with the loss of eight jobs.

The shock news comes just weeks after First Quench, which owns Threshers, Wine Rack, Bottoms Up, Victoria Wine, The Local and Haddows, was put in the hands of administrators.

All of the stock has been reduced at the High Street village off-licence, which will close on December 20 at the latest.

Almost 4,000 jobs have been axed since the drinks giant went into the hands of administrators in November.

Joint administrator Richard Fleming, KPMG's UK Head of Restructuring, said: "Unfortunately, despite the initial high level of interest, it remains difficult for buyers to complete deals in the current tough market.

"However, we are still in talks regarding the sale of over 100 stores and hope to be able to make a further announcement about this shortly.

"We also remain hopeful that some of the 391 stores announced today might still be sold as going concerns before the closure process is completed, but with stock now running low in the remaining stores, it has been necessary to make plans to close them."

Read the full article on Dunstable Today.

For the latest news from Eaton Bray and beyond, get the Dunstable Gazette every Wednesday and make a daily date with Dunstable Today.

Source: Dunstable Today

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